23 August 2024
Vinanz
Limited
Texas Bitcoin
Mining
London, New York, August 23, 2024, Vinanz
Limited (US OTCQB: VINZF and AQSE:
BTC in London) ("Vinanz" or "the Company"),
the publicly listed Bitcoin mining company with US and Canadian
Bitcoin mining operations, announces that
it has started a new Bitcoin cluster in Texas, as part of its plans
to roll-out Bitcoin miners in third-party hosting centres in the
USA and Canada.
Vinanz has acquired its first
Bitcoin miners in a facility located in the Midland area of Texas
and these miners are hosted under a contract with Compass Mining
Inc (www.compassmining.io).
Our initial order for install and operate was for 3 x Antminer S21
200TH Bitcoin miners and these miners are now hashing c.600
Terahash (TH) to Vinanz's wallet.
Texas is the latest US State for
Vinanz's roll-out of its expanding bitcoin mining fleet, joining
recently announced moves into Nebraska, Indiana and Iowa and joins
our growing Bitcoin miner fleet in Labrador in north-east
Canada.
David Lenigas, Vinanz's
Chairman, commented; "Texas is the newest US State for our plans to
expand our Bitcoin mining fleet throughout multiple US States and
Canada. This time we have gone with Compass Mining Inc for
hosting our miners in Texas. Once we know these initial miners are
working for us and we can see reliable hosting services, we will
look to increasing our miners in Texas as soon as practicable.
Compass is a sizeable bitcoin mining host in the USA and Canada,
and we plan to use this new relationship with them to further
expand our operations through their extensive network of Bitcoin
mining sites."
About Vinanz Limited
Vinanz's primary listing is in
London (United Kingdom) on the Aquis Exchange under the ticker BTC
and trades in the USA on the US OTCQB under the ticker VINZF.
Vinanz is a British Virgin Island (BVI) domiciled company that is
building out a fully-fledged Bitcoin mining company initially
focusing on installing clusters of Bitcoin miners within multiple
facilities throughout the US and Canada through third-party
cryptocurrency mining providers. Currently, Vinanz operates Bitcoin
miners in Texas, Indiana, Iowa and Nebraska in the USA and in
Labrador (Canada). Whilst the Company will focus initially on BTC
mining, it will also consider the mining of other cryptocurrencies,
and operations in the DeFi, AI and Big Data space in the
future.
The directors of Vinanz Limited
accept responsibility for this announcement.
CONTACTS:
For further information please
contact:
Vinanz Limited
David
Lenigas
david@vinanz.co.uk
Jeremy
Edelman
jeremy@vinanz.co.uk
First Sentinel (Corporate Adviser and
Broker)
Brian
Stockbridge
brian@first-sentinel.com
+44 (0) 20 3855 5551
Clear Capital Markets (Broker)
Bob
Roberts
bobroberts@clear-cm.co.uk
+44 (0) 20 3869 6080
